| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 7406500 | Energy Policy | 2012 | 8 Pages |
Abstract
⺠The renewables obligation (RO) program in UK redistributes the buy-out fund to those who have submitted ROCs. ⺠Price of ROCs and hence the renewable energy output increases with the shortfall of renewable energy relative to the RO target. ⺠Empirical tests suggest that RO in the UK is likely to increase renewables output. ⺠Integration between conventional and renewables production is unlikely to affect the performance of RO program. ⺠RO with redistribution is more responsive to market and social preferences than FiT programs.
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Physical Sciences and Engineering
Energy
Energy Engineering and Power Technology
Authors
Huizhong Zhou,